Foreclosed

By now we've all come to understand this recession has many faces, and stages. We're drilling down on several economic stories tonight, including the new face of home foreclosures in this country. What began as the fallout from sub-prime loans has now claimed another category of homeowner.

There are signs that bankruptcy for Chrysler and GM could be short lived. We'll have a late update this evening.

And the competition for scarce jobs in this country is pitting some unlikely competitors against each other.

By the way, if a hug is your way of finding comfort in the face of all the bad economic news -- wait until you hear what some schools are now saying about hugging. Chris Jansing is embracing the subject for us and will report on tonight's broadcast.